Derivatives Exchange GlobeDX Raises $18M in Seed Round Led by Blockchain VCs

Derivatives Exchange GlobeDX Raises $18M in Seed Round Led by Blockchain VCs


April 28, 2021 – London, England

GlobeDX (Globe Derivative Exchange) has completed an $18 million funding round led by major blockchain investors. Y Combinator, Pantera Capital, Draper Dragon, Republic Crypto, OKEx, CMT Digital and Wave Financial all participated in the round to support the development of a best-in-class derivatives trading platform.

As a next-generation cryptocurrency exchange, GlobeDX prides itself on excellent market depth, high leverage and access to the crypto volatility index perpetual. Its team’s goal is to make the cryptocurrency industry more accessible to mainstream users and to drive down the barriers to entering the cryptoconomy.

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As institutional demand for Bitcoin and other crypto assets increases, VCs are paying close attention to enterprising crypto projects that are seeking to capture a slice of the lucrative exchange market.

GlobeDX CEO James West said,

“Built by trade-fi

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